In August 2009, Suncor Energy completed its merger with Petro-Canada to create Canada's premier energy company.
The 'new' Suncor Energy began trading on the New York Stock Exchange today and on the Toronto Stock Exchange on August 7.
Suncor Energy became Canada's largest energy company and the fifth largest North American-based energy company by market value when it opened trading. The new Suncor combines a leading position in Canada's oil sands with complementary operations in refining and marketing, North American natural gas production and conventional production internationally and offshore East Coast Canada. The company also holds a significant position in Canada's emerging renewable energy industry with wind power projects and biofuels production.
Latest Suncor Energy News
'We generated more than $2 billion in cash flow from operations during the third quarter due to strong production from our upstream assets, combined with record refining reliability and our focus on cost reduction,' said Steve Williams, president and chief executive officer. 'Our performance demonst... Thursday, October 27, 2016
Suncor and Mikisew Cree First Nation (MCFN) today announced the signing of a participation agreement for the purchase by MCFN of a 14.7% interest in Suncor's East Tank Farm Development. Under the terms of the agreement, MCFN will pay 14.7% of the actual capital cost of the East Tank Farm Developmen... Tuesday, October 18, 2016
Oil price Enter Vlad into the oil price process, speaking at the Istanbul Forum he said that Russia was 'ready to join the joint measures to cap production' and called for other producers to join in. Rather a shame that the head of Rosneft said almost immediately afterwards that it was a non-starte... Tuesday, October 11, 2016
Wood Group received the first project work authorization under a recently signed multiuse agreement with Suncor Energy, for work to be completed at its Firebag in-situ site in Alberta, Canada, approximately 120 kilometres northeast of Ft. McMurray. The work will be completed using Wood Group's stan... Tuesday, October 11, 2016
All Suncor Energy News
OMV closed the sale of a 30 percent interest in the UK offshore oil and gas project Rosebank to Suncor Energy. Suncor, based in Calgary, is Canada's largest integrated energy company. The sale and purchase agreement was signed on August 9, 2016. Following this transaction, OMV holds an interest in ... Friday, October 7, 2016